In economic theory the term 'means' refers to _________.

arithmetic mean

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resources

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a characteristic

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none

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Solution

The correct option is B resources
In economics 'means' refers to resources.For examples, means of production refers to the resources available for production process.

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In economic theory the term 'means' refers to _________.

The correct option is B resourcesIn economics 'means' refers to resources.For examples, means of production refers to the resources available for production process.

The correct option is B resources
In economics 'means' refers to resources.For examples, means of production refers to the resources available for production process.